FIEGE invests in the digital freight forwarder sennder

Fiege has invested in the German logistics start-up sennder as part of the Series D financing round expanded in June. Fiege acts as an investor and strategic partner of the Berlin-based company, which has risen to become the leading digital freight forwarder in Europe since its founding in 2015. It is more than just a classic financial investment.

(Greven/Berlin) “We have known the sennder founding team around David Nothacker, Nicolaus Schefenacker, and Julius Köhler for several years. Our involvement with sennder is another important building block of our digitalization strategy and a valuable addition to our transport offering,” explains Felix Fiege, who leads the family business from Münsterland in the fifth generation together with his cousin Jens Fiege. The goal is for Fiege and sennder to “support each other” to further enhance operational efficiency, says Felix Fiege. “That’s why it’s about more than just a classic financial investment; it’s primarily about a strategic partnership from which both sides will benefit. In the end, our customers will benefit the most – and that is always the decisive approach for our entrepreneurial actions.”

Increasing demand for digital solutions

David Nothacker, co-founder and managing director of sennder: “Our cooperation highlights the increasing demand for digital logistics solutions. I look forward to working closely with the Fiege team. Together, we will introduce innovative solutions for the logistics industry while also reinforcing our respective growth trajectories.” Today, sennder employs over 900 staff, manages a fleet of around 12,500 trucks across Europe, and is now valued at over one billion US dollars.

Security for customers in the transport sector

“Through the partnership with sennder, we are providing our customers with additional security in the transport sector,” says Hannes Streeck, head of the consumer goods business unit at Fiege. “Because through sennder, we can offer our customers another sustainable transport option. And we firmly believe that the digital expertise of sennder on one side and our operational experience on the other side can create great advantages for both companies.”

Photo: © Fiege